Averages lower in early trading at start of busy week
2016-07-25 10:10:57
Stock futures traded near fair value throughout the pre-market trading session, leading to a quiet open for the broader market, though the averages have slid a bit in early trading. Investors are preparing for one of the heaviest weeks of the earnings season with 177 of the S&P 500 scheduled to report during the week. Additionally, policy decisions are due from two of the world's major central banks this week, with the Federal Reserve's Open Market Committee announcing its latest rate decision on Wednesday and the Bank of Japan announcing a decision on Friday. About 40 minutes…
Stock futures traded near fair value throughout the pre-market trading session, leading to a quiet open for the broader market, though the averages have slid a bit in early trading. Investors are preparing for one of the heaviest weeks of the earnings season with 177 of the S&P 500 scheduled to report during the week. Additionally, policy decisions are due from two of the world's major central banks this week, with the Federal Reserve's Open Market Committee announcing its latest rate decision on Wednesday and the Bank of Japan announcing a decision on Friday. About 40 minutes into trading, the Dow is down 87 points, the Nasdaq is down 7 points and the S&P 500 is down 9 points.